Europe reassures Wall Street – 10/20/11


France and Germany vowed to engineer a solution to Europe’s financial problems, which gave stock prices a boost, if only a small one. The Dow Jones Industrial Average rose 37 points, or 0.3%, to 11,542. But the market was mixed, with the Nasdaq Composite down for the day. Broadcasting stocks were among the gainers.

The RBR Radio Index was up 0.403, or 0.2%, to 227.322.

The TVBR Television Index was up 2.727, or 1.2%, to 222.201.


Cumulus, up 6.9%
Entravision, up 5.5%
CBS, up 3.1%

Entercom, down 3.8%
SBS, down 2.4%
Saga, down 1.3%